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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Monzo IPO

Find out how you can gain exposure to Monzo ahead of its initial public offering (IPO) – as well as after it has happened – from the world’s No.1 spread betting and CFD provider.1

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening an account.

Contact us 08001953100

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.

Contact us 0800 409 6789

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening an account.

Contact us 08001953100

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.

Visit help and support for more information.

Call 0800 409 6789 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.

Contact us 0800 409 6789

Why trade the Monzo IPO with us?

Take a position on our grey markets before the listing

Speculate on our exclusive grey markets before the IPO2

Subscribe to the IPO ahead of the listing

Secure a stock allocation at the same time and price as institutional investors

Trade Monzo shares with derivatives

Deal once Monzo shares are in the open stock market – you can buy, sell or short

Buy physical Monzo stock

Invest in Monzo stock and become a company shareholder

Monzo IPO: how to buy Monzo shares

Pre-listing

Grey market

The value you’ll see on our select range of grey markets is a prediction of a company’s market cap at the end of its first day of trading. You can take a position on this market if it’s available for Monzo’s listing.

What is a grey market and how does it work?

IPO subscriptions

With us, you can subscribe to the IPO before the listing. If you do, you’ll receive a stock allocation at the same time and price as institutional investors (but only if Monzo’s shares are offered to retail investors).

What are IPO subscriptions and how do they work?

Post-listing

We’ll offer Monzo shares from the day they list. You can:

Trading vs investing in Monzo shares

Trading and investing are different in many ways. When trading Monzo shares with us, you’ll use spread bets or CFDs to speculate on share price movements. These let you take a position without having to own the underlying shares – so you can speculate on shares that are rising (known as going long) or falling (known as going short) in value. If your prediction is correct, you’ll make a profit, but if you’re wrong about the market movement, you’d take a loss.

Spread bets and CFDs are leveraged products, which means that you only need to commit a deposit upfront – called margin – to receive full market exposure. But, bear in mind that while margin can increase your profits, it can also increase your losses.

Learn more about the impact of leverage on your trades

When investing in shares with us, you’ll buy and own physical shares using a share dealing account. Leverage isn’t available when you’re share dealing – so you’ll need to commit the full value of your position upfront. Buying shares will make you a shareholder – eligible to receive dividends and voting rights – and you’ll profit if the share price increases above the price at which you opened your position. If you decide to sell your shares at a point when the share price has decreased below the price at which you opened your position, you’ll take a loss. However, your risk is capped at the price you paid for your shares (excluding additional fees).

Open a share trading account in minutes

Open a share trading account in minutes

Fast execution on a huge range of markets

Enjoy flexible access to 17,000+ global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With more than 47 years of experience, we’re proud to offer a truly market-leading service

Open a share trading account in minutes

Open a share trading account in minutes

Fast execution on a huge range of markets

Enjoy flexible access to 17,000+ global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With more than 47 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

How do IPOs work?

IPOs work by having a company list its shares to be bought and sold by market participants on the open market.

Some reasons for listing company shares on an exchange include raising capital for expansion, paying off debts, attracting and retaining talent or improving liquidity.

The company must start by arranging for a third party to conduct a comprehensive audit, which considers all aspects of its financials. Thereafter, it needs to get a registration statement ready to file with the relevant exchange commission. If the commission approves the registration, the company will list a specific number of shares on a stock exchange, at a price determined by an investment bank.

Explore what IPOs are or find out how to trade pre- and post-listing

Get the latest IPO news


For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

FAQs

What are the risks of trading an IPO?

All trading activity is risky – IPOs come with additional risks, including:

  • Missing important company information that might impact share prices, eg pending legal cases and intellectual property that is not patented
  • Little to no trading track record to base decisions on
  • Elevated market expectations that do not materialise
  • Companies not meeting their target market cap

Before committing to any trade, it is important that you have all the facts that you need. In the case of trading IPOs, you can use company prospectuses, admission documents and other information to stay up-to-date. By staying informed, you can avoid risks that could affect your position in a trade.

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1 Based on revenue (published financial statements, 2022).
2 We do not offer grey markets on all IPOs.